FRC appoints new members to the Accounting and Audit & Assurance Councils

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03 Sep, 2014

The UK Financial Reporting Council (FRC) has announced the appointment of several new members to their Accounting and Audit & Assurance Councils, the bodies that advise the FRC Board on financial reporting and audit matters.

The new members of the Accounting Council are:

  • Michael Gallagher, Chief Financial Officer of the Toronto and Falcon Oil & Gas Ltd;
  • Mark Smith, independent financial reporting consultant; and
  • Jeremy Townsend, Chief Financial Officer and Chief Information Officer at Rentokil Initial.

The new members of the Audit & Assurance Council are:

  • Maggie McGhee, Director General responsible for Financial Audit at the National Audit Office;
  • Jane Fuller Fellow of the CFA Society of the UK and Chair of its financial reporting and analysis committee;
  • Robert Hingley, former Director General of the Takeover Panel and, following the merger of ABI’s Investment Affairs with the IMA, consultant to the enlarged Investment Association; and
  • Conall O'Halloran, Head of Audit for KPMG in Ireland, and audit partner in a number of listed and large privately owned entities.

Liz Murrall, a member of the Accounting Council, has also been appointed to the FRC's Codes & Standards Committee.

The full press release, which includes detailed biographical information for all of the new appointees, is available from the FRC's website.

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